BTCUSD Retracement
As you can see, on the 4hr chart, the MACD and RSI have both been forming bearish divergences for a while.
Since we have also been trading in a range I think it is likely that we break down out of the range and fall to a significant support (~37K)
Good luck everyone!
Ps: I know this is very similar to my other idea, just thought I’d provide a longer time frame perspective
Since we have also been trading in a range I think it is likely that we break down out of the range and fall to a significant support (~37K)
Good luck everyone!
Ps: I know this is very similar to my other idea, just thought I’d provide a longer time frame perspective
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.